Key Highlights

  • The fund holds 51 companies, with the top ten at 51.99% and HDFC Bank at 10.31%.
  • Financial Services holds 37.45%, against 13.54% for the category, and Technology 7.52%, against 24.99%.
  • The management fee is 0.69% and the fund size is $164.78 million.
  • The July 2026 distribution of $1.277 is lower than the $1.335 paid in July 2025.

Global X India Nifty 50 ETF (ASX:NDIA) aims to provide investors with a return that, before fees and expenses, tracks the performance of the NSE Nifty 50 Index. The fund was admitted to the ASX on 21 June 2019 and last traded at $58.14 on 13 October 2026. It reports a fund size of $164.78 million.

Detail

Information

Ticker

ASX:NDIA

Fund

Global X India Nifty 50 ETF

Category

Equity World Other

Benchmark

Nifty 50 TR INR

Fund size

$164.78 million

Management fee

0.69%

Total holdings

51

ASX admission date

21 June 2019

Holdings

The ten largest positions represent 51.99% of the fund. HDFC Bank leads at 10.31%, followed by ICICI Bank (8.99%), Reliance Industries (7.53%), Bharti Airtel (5.07%) and Larsen & Toubro (4.18%). State Bank of India holds 3.76%, Axis Bank 3.34%, Infosys 3.33%, Kotak Mahindra Bank 2.91% and Mahindra & Mahindra 2.50%.

Every holding exceeds $1 billion in market capitalisation. Cash is 0.56%.

Sector and country exposure

Financial Services holds 37.45%, Consumer Cyclical 11.51% and Energy 10.33%, against 2.69% for the category. Industrials holds 7.96%, Basic Materials 7.30% and Communication Services 5.10%. Technology holds 7.52% and Healthcare 4.74%, against 24.41%.

India accounts for 100% of the fund, against 6.25% for the category.

Fee, risk and distributions

The management fee is 0.69% a year. The fund reports a beta of 1.26 and a standard deviation of 16.14. The final distribution of $1.277 per unit had an ex-date of 2 July 2026, a record date of 3 July and payment on 16 July, equal to an annual yield of 2.23%.

That is higher than the $0.802 paid in July 2024 and $1.269 in July 2023, but lower than the $1.335 paid in July 2025 and $2.866 in July 2022.

Category classification and liquidity

Morningstar places the fund in the Equity World Other category, which covers funds investing primarily in global stocks almost exclusively, with less than 20% of the portfolio in assets other than equities and a possible bias towards a single sector or country.

Liquidity indicators add a further view. There are 2,880,776 units on issue, and average daily trading volume is 7,270 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 4,700 to 12,300 units, with 5,798 recorded on 13 October while the market was still open. The bid-offer range stood at $58.14 to $58.91, and the day range at $57.23 to $58.14. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged Units on Issue for September 2026 on 7 October, the Annual Financial Report on 28 September and Annual Statements 2026 on 16 September. A Quarterly Exit Periodic Statement followed on 14 August.

Closing Perspective

NDIA provides single-country exposure to India's largest listed companies, with banks carrying more than a third of assets. The 0.69% fee and light trading volume are part of its profile, and its distribution has stayed between $0.802 and $1.335 in recent years. These facts do not forecast outcomes.